Purpose of demo trading
Členem od Feb 15, 2021
8 příspěvků
Jun 11, 2021 at 07:07
I use demo accounts to test my strategies and practice my trades before making them on the real account.
Členem od Aug 11, 2017
886 příspěvků
Jun 11, 2021 at 10:46
you can trade in a demo account ,
its good but sometimes its more important to trade in a micro account to ensure live trading knowledge and experience.
its good but sometimes its more important to trade in a micro account to ensure live trading knowledge and experience.
lovefortrading (perryjohn765)
Členem od Sep 12, 2017
238 příspěvků
Jun 11, 2021 at 13:33
the purpose of demo account is very clear, it helps you plan and try your strategies
Členem od Jun 26, 2020
327 příspěvků
Jun 13, 2021 at 07:39
according to my trading experience demo is important , there is no way to ignore but the result we get from demo not works in a real account for that reason we never believe the importance of this trading place.
Suradi (FXOday)
Členem od Apr 03, 2021
470 příspěvků
Jun 14, 2021 at 23:34
Using the demo account will depending with each trader purposes, for beginner, they use demo account because they want to learn how to trade, implemented all trading strategy that learned, but for the experienced trader, they use a demo account for testing purposes with new trading system or forex trading robot, if already passed demo account with the confident trader can start using micro account, first time use the micro account I am uses FXOpen
Členem od Jun 15, 2021
15 příspěvků
Jun 15, 2021 at 11:14
The only purpose of demo trading is to give you an insight of trading platforms and conditions.
Elena Triston (ele020)
Členem od Apr 15, 2020
219 příspěvků
Jun 16, 2021 at 04:10
gradking posted:not just that, it helps you to practice trading and understand the basics of trading.. A newbie cannot just go live without understanding how things function.
The only purpose of demo trading is to give you an insight of trading platforms and conditions.
The more your practice, the more you learn.
Členem od Jun 15, 2021
10 příspěvků
Jun 17, 2021 at 06:55
I think demo trading is not only helpful for beginners but it also helps to experience traders in practising on trades without any risk.
Členem od Jun 15, 2021
13 příspěvků
Jun 17, 2021 at 09:02
Purpose of demo trading is to prepare the beginner how forex works, how prices moves and how it looks on the terminal. There is no real loss but can teach you many important aspects for forex trading.
Členem od Apr 02, 2020
39 příspěvků
Jun 17, 2021 at 14:06
I agree with orlandoGT instead of focusing on consistent profit. The best would be to focus on consistent trades because earning profits should not be the focus now for beginners; it should be on trading and learning much as possible.
Členem od Apr 02, 2020
39 příspěvků
Jun 17, 2021 at 14:07
The main purpose of demo trading is to learn about live forex trades and trade risk-free without investing capital.
Členem od Aug 11, 2017
886 příspěvků
Jun 18, 2021 at 08:22
demo is important for ensuring all basic knowledge but i dont like to trade in there , because there is no real money and we cant focus on there consistently , so i think micro account is the good solution,.
Členem od Jun 15, 2021
20 příspěvků
Jun 18, 2021 at 08:42
Mohammadi posted:Agreed buddy! Along with this, only live trading teaches us how to control our emotions while trading.
demo is important for ensuring all basic knowledge but i dont like to trade in there , because there is no real money and we cant focus on there consistently , so i think micro account is the good solution,.
Členem od Jun 15, 2021
15 příspěvků
Jun 18, 2021 at 10:22
ele020 posted:gradking posted:not just that, it helps you to practice trading and understand the basics of trading.. A newbie cannot just go live without understanding how things function.
The only purpose of demo trading is to give you an insight of trading platforms and conditions.
Yeah absolutely buddy, agree to it in addition.
Elena Triston (ele020)
Členem od Apr 15, 2020
219 příspěvků
Jun 18, 2021 at 11:59
gradking posted:Perfect! :)ele020 posted:gradking posted:not just that, it helps you to practice trading and understand the basics of trading.. A newbie cannot just go live without understanding how things function.
The only purpose of demo trading is to give you an insight of trading platforms and conditions.
Yeah absolutely buddy, agree to it in addition.
The more your practice, the more you learn.
Členem od Jun 16, 2021
9 příspěvků
Jun 19, 2021 at 07:33
I consider demo trading a great way to learn and get aware of the market which really helps out while making live trades.
Členem od Aug 27, 2017
994 příspěvků
Jun 19, 2021 at 08:13
according to me demo is important , but sometimes instead of demo there is need to start live account which is very supportive to make sure live knowledge and experience.
Elena Triston (ele020)
Členem od Apr 15, 2020
219 příspěvků
Jun 21, 2021 at 07:11
Adribaasmet posted:Once you begun to understand the basic concepts, you can gradually move to live with small capital.
according to me demo is important , but sometimes instead of demo there is need to start live account which is very supportive to make sure live knowledge and experience.
The more your practice, the more you learn.
Členem od Apr 04, 2020
38 příspěvků
Jun 21, 2021 at 07:59
Demo trading is very important for the new traders. When a newbie start trading with demo account, then he can get proper knowledge for real forex trading. So It's very important for newbie.
Členem od Jun 17, 2021
21 příspěvků
Jun 21, 2021 at 09:35
Demo trading is not just about making profits. You must work upon your strategies consistently through a demo account.
